... for Progressive Populism ... for the Arc of the Sun ... for the Next American Revolution ... for Living Energy Independence ... for a Brawny Recovery ...

for Living as if Life Mattersfor a Life as if Living Matters

Populist movements don't build themselves ...

... It doesn't matter what the "horse race" outcome of the campaign is, if we fight the campaign. Fighting it, we learn how to fight. Learning how to fight political battles, we become citizens again. Becoming citizens again, we reclaim the Republic that lies dormant beneath the bread and circuses of modern American society.

Sunday, June 5, 2011

Sunday Train: A Brawny Recovery or Consumption-Led Growth?

Among the most important of the rules Rosie laid down, in my opinion, is #12: Get the US consumer right and everything else will take care of itself. The reason is fairly simple: The U.S. consumer has the biggest balance sheet on the planet. The U.S. consumer represents 70 percent of our GDP and about 18 percent of global GDP.

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About Me

Obscure Development Economist, living in Ravenna ... though, as the Rubicon is nowhere in sight, its unlikely I will be crossing it anytime soon. Enough about me, tell me about yourself. Or send a tweet @BruceMcF.